In the economic sphere, the president reiterated his projection that inflation will disappear by mid-2026: "The monetary base has been fixed since last year. By August next year, inflation in Argentina will have disappeared," he assured, describing the inflationary phenomenon as "the most regressive and violent tax created by the political establishment."
Milei also defended respect for property rights and reduction of the State as essential conditions for development: "If you want growth, savings, and investment, you have to respect property rights and remove the State from the middle." In that vein, he promised that if he can continue with his economic plan "from now until 2031, we're going to return 500 billion dollars in taxes to the private sector as taxes are reduced."
The head of state did not avoid criticism of Congress, which he blamed for stalling growth. "The economy expanded by 6.5% in the first half of the year, but now it's stagnant because of the obstructionist and destabilizing attitude of the National Congress," he declared.
In his speech, the President highlighted the role of savings and investment as drivers of progress: "Savings and investment are the keys to lasting progress. Thanks to them, Argentines will truly be able to be architects of their own destiny."
Toward the end, Milei emphasized advances in security and praised the work of Minister Patricia Bullrich. "We put a stop to drug traffickers in Rosario with the Plan Bandera, and we've reduced crime to historic lows," he pointed out. He also warned forcefully: "Drug traffickers and thieves, I'm warning you that we're going to make things very difficult for you."
Finally, Milei called on Argentines to persevere in his national reconstruction project: "Making Argentina great again is possible; it only requires willpower. We must not give up; we must continue betting on freedom."
The President closed his address with his signature phrase: "May God bless Argentines, may the strength of heaven accompany you, and long live freedom, damn it."
President Javier Milei led the inauguration of the most modern potato processing plant in Latin America this Tuesday in Mar del Plata, owned by the American company Lamb Weston, and took the opportunity to outline an optimistic outlook on the country's economic direction, defending his model of "economic freedom" and fiscal order as pillars of growth.
The new plant, which required a significant foreign investment, will generate "approximately 3,000 jobs, both direct and indirect," the president highlighted at the beginning of his speech.
"This is the way: private investment in profitable businesses that generate genuine jobs and promote activity in other links of the economy," he stated before an audience made up of businesspeople, workers, and officials.
Milei thanked Lamb Weston's executives for "betting on Argentina to expand" and considered that the venture "is a sign of the Argentina we're creating, both for ourselves and for future generations."
Milei en la inauguración de la planta
The President devoted much of his presentation to defending his policy of economic liberalization, which, as he explained, seeks to "take less from citizens through taxes and bureaucracy" so that Argentines can freely decide about their money. "When your money isn't enough, it's because there's too much State," he asserted.
"We took 12 million Argentines out of poverty, and today there are 6 million who didn't use to eat and now do," the president said regarding the achievements of his administration. He also emphasized that the salaries of the Executive Branch have been "frozen by our own decision since December 2023."
